Economic Development News
from our part of the
Greater Houston Metro Area
Hello Pasadena,

Welcome to the latest edition of the Pasadena Pulse Newsletter. PEDC is off to a roaring start in 2024 and we look forward to hitting milestones and reaching new heights in economic developments for the City of Pasadena. From groundbreaking projects to upcoming business resource events and initiatives, this edition serves as your go-to resource for information regarding the economic landscape of the local and regional communities.

Thank you for taking the time to explore this edition of the Pasadena Pulse Newsletter.

Sincerely,
PEDC Board & Staff
In this newsletter:

  • We Broke Ground!
  • PEDC's 2023 Annual Report Is Here
  • Your Award-Winning Economic Development Organization
  • Elevate Your Small Business With This Nifty Tool
  • Check Out Our Latest Projects
  • Apply for PEDC's Business Enhancement Program Matching Grant
PEDC UPDATES
Pasadena Arena & Convention Center Groundbreaking

The City of Pasadena and PEDC broke ground on the Pasadena Arena & Convention Center Project, a renovation and expansion to the current Pasadena Convention Center.
Pasadena Boulevard Groundbreaking

The City of Pasadena and PEDC broke ground on the Pasadena Boulevard Project set to transform the City's namesake corridor from HWY 225 to Harris Ave.
PEDC's 2023 Annual Report

The PEDC Board of Directors & Staff invite you to check out the 2023 Annual Report.
PEDC is Honored with Excellence Award

The Texas Economic Development Council honored PEDC for our outstanding commitment to excellence and professionalization of economic development efforts.
Market Research for Your Small Business

SizeUp Pasadena is a FREE tool for Pasadena businesses to provide valuable market research to make smarter/data-driven decisions.

PEDC Project Portal

Check out PEDC's Project Portal to learn more about the above projects and more. Infrastructure improvements, beautification, quality of life projects, and more continue to be a key priority for PEDC. Stay up to date on the latest project details through PEDC's
Current Projects Portal.
RECENT LOCAL & INDUSTRY NEWS
A healthy and vibrant local economy depends on the well-being of a community's existing businesses and industry. Thus, efforts to help local businesses thrive in the local community are a priority economic development practice. Let us know how we can help! Sign up to schedule a Business Retention & Expansion visit with Pasadena Loves Local today.
Next Wave Energy Partners LP has commissioned its Project Traveler ethylene-to-alkylate production plant at the operator's 53-acre site in Pasadena, TX. It is now producing "Optimate" as a gasoline blending component to help meet the increasing demand for cleaner-burning fuels. Next Wave also has plans to improve and expand operations.
UPDATE ON CURRENT INFRASTRUCTURE IMPROVEMENTS
Richey Street - Phase ll

Investment: $3.2M
Coverage: ~ 0.5 mi (Southmore Ave to
South Houston Rd)
Update: Planning, design work and engineering for Richey St Phase II that covers the area between Southmore Ave and South Houston Rd has been completed.
Construction is slated to conclude in Q2 2024.
PRIMING HISTORIC PASADENA FOR REINVESTMENT
PEDC is working to create a permanent placemaking and light installation project, dubbed the HWY 225 Underpass Safety Lighting Project, at the HWY 225 underpass spanning three intersections—Shaver St, Munger St and Main St. The overall goals of the project include enhanced quality of life, creating stronger connectivity between the Historic District and the rest of the city, and improving the lighting and overall safety of the area.
The Historic Shaw Avenue District has it all — murals, small businesses, parks and more. Don't take our word for it, explore for yourself! PEDC invites you to visit the Shaw Avenue District to see the progress made so far in the work to revitalize Pasadena's Historic District. Stay tuned for more projects in the area to come.
Are you a business in Pasadena's Historic District considering exterior building improvements? Watch this video to learn how you can be awarded a matching grant to help cover the costs of your project. Eligibility requirements apply.